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I wonder if the U/T is going to bring us down again?
Let’s see whether the tide is turning.
Gl all
Closing SP 8.19p UP 6.36%
Wow that was a nice close, on the days High.
Strong support, another day closer to a M&A RNS
GL ALL
Close to mid 8's but no cigar, should push into the 9's tomorrow and who knows we might wake up to another juicy RNS ?
ONWARDS & UPWARDS!!!
Lets walk back to mid 20's before any rns arrives
"I wonder if the U/T is going to bring us down again?"
Nope:
11-Mar-24 16:35:15 8.19 576,510 Buy* 7.98 8.48 47.22k UT
Looking good on the daily to break the 100MA and challenge 200MA at c 11.5p
For those that believe in the 1 share purchase means an RNS has been logged I noticed a single share went through just before 4pm.
Let’s see.
1039 and 1603 actually
But of course it’s bs!
Nice finish to the day
Indeed Schlem
And another 825k at 8.19 to top it off
They are both sells, the buy price at the time was 8.48.
It closed at 8.19 you absolute clown, they are clearly buys
The 8.48 “ask” you think you saw was untreated auction.
Lol 1984 …. Need to make allowances for special needs these days
DBW a £68k buy is a serious vote of confidence. Good news coming soon imo.
I suppose so, but we do seem to get more than our fair share of dimwits on here
DBW
It does all appear to be coming together, at last.
I fully expect the next catalyst to drop in the coming few days. The long slog is nearly over IMO
We’ll see in the morning, everyone is so excited with a tiny rise they are forget the ‘going concern’ statement recently, the company is running out of cash! I mean just look at the 1yr chart. Deluded!
It’s a standard disclaimer in every set of financials. A bit like the old “the value of investments can go down as well as up”
Which course did you attend to become so stupid?
Running out of cash is standard is it? Current armed conflict in Ecuador is normal? Having a safety concern of transporting employees to and from site is normal? Have you read the RNS properly or you need someone else to read for you?
It’s a disclaimer you moron
Have a look for example at the heal yearly report from 2016
https://www.lse.co.uk/rns/SOLG/half-yearly-report-1e2jhoihy6k7deg.html
You will see the exact same disclaimer
Think of it as a warning on a packet of peanuts that the product may contain traces of nut
Ahh bless Magicman3
Who were you before?
Magicman only doing his best for us all no doubt , someone tell him he's about 18 months too late!
Why are you suggesting to look at the 1yr chart Magicman3? Do you know where SOLG is on the discovery lifecycle? https://www.visualcapitalist.com/visualizing-the-life-cycle-of-a-mineral-discovery/
Magicman3 - Yes, that's pretty standard for explorer/developers who don't generate any revenue.
Read the Going Concern statement in the recent half-year report. There is enough there to demonstrate SOLG's ability to raise finance when required, whether Equity, NSR etc...
... but this year, there may well be something more 'value creating'.
I'd wager our magic man is our shorter, who recently stated it was going so well lol.
He's still predicting falls to 7p, 6p in the hope of closing, but as I predicted he's not only going to get burnt...he's going to get fried.
And he calls others deluded!